Gregory Meece, partner with Thompson & Knight, discusses energy royalty disputes and the all-encompassing desire on all aspects of the industry for stability. “When times are good, people sue,” he said. “When times are bad, people sue more.”
A private seller retained PetroDivest Advisors for the sale of its surface acreage in New Mexico in southern Lea County within the core of the northern Delaware Basin.
The new Paradox Basin acreage is located on Utah School and Institutional Trust Lands Administration (SITLA) lands and was acquired by Zephyr during the most recent SITLA auction.
Patriot Field Services retained Oil & Gas Asset Clearinghouse for the sale of Oklahoma leasehold acreage in sealed-bid offerings closing May 29.